Objectives:

2.1 - I can define accounting terms related to changes that affect owner’s equity for a service business organized as a proprietorship.
2.2 - I can identify accounting concepts and practices related to changes that affect owner’s equity for a service business organized as a proprietorship.
2.3 - I can analyze changes in an accounting equation that affect owner’s equity for a service business organized as a proprietorship.
2.4 - I can prepare a balance sheet for a service business organized as a proprietorship from information in an accounting equation.


Chapter 2 Checklist and Rubric